Litecoin is now part of Bitstamp's cryptocoin Offer

by saramago

Bitstamp users will now be able to acquire Litecoin (LTC) positions using euros, dollars or bitcoins, in the midst of the good moment that the fourth largest cryptocoin by market capitalization, according to the behavior of its quotation.

Through an official communiqué, the exchange house expressed its approval for hosting LTC operations given its similarities with Bitcoin in terms of decentralization and the similarity in mechanisms to encrypt funds transfers and confirm transactions.

Bitstamp also mentioned that it will promote the use of Red Lightning and its use as an interface for SegWit - segregated witness protocol - as a test of implementation towards a better scalability of operations, in addition to responding in this way to the community's outcry.

In addition, Bitstamp said that it is working with BitGo to develop a new portfolio for Litecoin with new addresses, while assuring everyone that the features for sending and receiving amounts in LTC are already fully available.

In this context, the price of Litecoin is about 48 dollars or 0.01925930 BTC shortly after the announcement, with an appreciation of 4%, a few days after having surpassed the barrier of 50 dollars per unit surpassing the circumstances of the 2013 bubble around its inclusion in MTGOX.

In the spurt of good news that has been annotating this cryptodivisa with a market capitalization of more than 2.48 billion dollars, highlights the dissemination of examples of its operation in ATMs that has circulated through social networks, as shared Its founder Charlie Lee.